Industry News

Citizens Financial Group, Inc. today announced that its board of directors declared a semi-annual dividend on CFG’ s 5.500% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series A. A dividend of $27.50 per share is payable on October 6, 2016 to shareholders of record at the close of business on September 21, 2016.. About Citizens Financial Group, Inc.. Citizens Financial Group, Inc. is one of the nation’ s oldest and largest financial..."/>
Citizens Financial Group, Inc. Declares Semi-Annual Dividend on Preferred Stock
Till Capital Ltd., reports the results of its Annual General Meeting held on August 23, 2016 in Hayden, Idaho. All of the proposed candidates, Alan S. Danson, William A. Lupien, Wayne Kauth, Roger M. Loeb and John T. Rickard were duly elected as directors for the ensuing year.. Detailed results of the vote for the election of directors are set out below."/>
Till Capital Announces Results of Annual General Meeting
Barclays plc has completed the sale of Barclays Risk Analytics and Index Solutions Ltd. to Bloomberg L.P. for approximately GBP 615 m, the company said on Wednesday. Barclays Risk Analytics and Index Solutions Limited provides benchmark and strategy indices, portfolio analytics, risk and attribution models, and portfolio construction tools. Its benchmark indices span global markets covering multiple asset classes, most..."/>
Barclays Closes GBP 615m Sale of Risk Analytics and Index Solutions Business
Apollo Commercial Real Estate Finance, Inc. acquisition of Apollo Residential Mortgage, Inc. is expected to close on 31 August, the companies said on Wednesday. AMTG approved the deal this week. Upon the completion of the acquisition, AMTG common stockholders will receive 0.417571 shares of ARI common stock and USD 6.86 in cash for each share of AMTG common stock that they hold, based upon AMTG's book value per share of common stock on the pricing date..."/>
Merger of US REITs Apollo Residential Mortgage, Apollo Commercial Real Estate Finance to Close on 31 August
Access National Bank is pleased to announce the expansion of its branch network into Arlington. The new office, located in the Courthouse neighborhood at 2300 Wilson Boulevard, will open by the end of 2016, pending customary regulatory approval."/>
Access National Bank is Expanding into Arlington
Katahdin Bankshares Corp., parent company of Katahdin Trust Company, announced that it has declared a cash dividend of$. 10 per share for the third quarter of 2016. The dividend will be payable on September 23, 2016 to all shareholders of record as of September 9, 2016.. Katahdin Bankshares Corp, also declared a cash dividend on its preferred stock Series D of $54.6875 per share for the third quarter of 2016."/>
Katahdin Bankshares Corp. announces dividend
Apple, Google, Facebook and many others think they've got it all figured out. They're getting money, but they don't think they need advice or mentoring."/>
East Bay Times Michelle Quinn column [East Bay Times]
State Bank Financial Corporation today declared a quarterly dividend of$. 14 per common share. The dividend will be paid on September 13, 2016 to the common stock shareholders of record as of September 6, 2016.. About State Bank Financial Corporation."/>
State Bank Financial Corporation Declares Quarterly Cash Dividend
Preferred Apartment Communities, Inc. today announced that it acquired a recently constructed 290- unit Class A multifamily community in Jacksonville, Florida named Sorrel Luxury Apartments. "We believe this is a high quality, Class-A community in a superb location," said John A. Williams, the Chairman and Chief Executive Officer for PAC. Williams added, "We continue to add communities in the fast growing Florida market.""/>
Preferred Apartment Communities, Inc. Announces Acquisition of a 290-Unit Multifamily Community in Jacksonville, Florida
OFG Bancorp today announced that its Board of Directors declared the following regular quarterly cash dividends on its preferred stock for the third quarter ending September 30, 2016:. $21.875 per share on its 8.750% Non-Cumulative Convertible Perpetual Preferred Stock, Series C $0.4453125 per share on its 7.125% Non-Cumulative Perpetual Preferred Stock, Series D. Preferred stock dividends are payable on October 17, 2016, to holders of record on..."/>
OFG Bancorp Declares Regular Quarterly Preferred Stock Cash Dividends
OFG Bancorp today announced that its Board of Directors declared a regular quarterly cash dividend of $0.06 per share on its common stock for the third quarter ending September 30, 2016.. The dividend is payable on October 17, 2016, to holders of record on September 30, 2016 with an ex-dividend date of September 28, 2016.. “The declaration of a dividend on the common stock reflects the solid results in recent quarters while recognizing that despite some..."/>
OFG Bancorp Declares Regular Quarterly Common Stock Cash Dividend
GSV Capital Corp., today announced an adjustment to the conversion rate of its 5.25% Convertible Senior Notes due 2018. The adjustment to the Convertible Senior Notes was made as a result of the cash dividend declared by the Company’ s Board of Directors on August 3, 2016, which is payable on August 24, 2016 to the Company’ s stockholders of record as of the close of business on August 16, 2016.. As a result of the dividend, effective after the close of business..."/>
GSV Capital Corp. Announces Adjustment to Conversion Rate of 5.25% Convertible Senior Notes Due 2018
Nasdaq Global Market SM securities totaled 7,501,329,605 shares compared with 7,662,477,758 shares in 2,335 Global Market issues reported for the prior settlement date of July 29, 2016. The mid-August short interest represents 4.37 days average daily Nasdaq Global Market share volume for the reporting period, compared with 5.06 days for the prior reporting period.."/>
Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date August 15, 2016
United Security Bancshares, Inc. announced that the Board of Directors, at a meeting held today, declared a quarterly cash dividend of $0.02 per share. The dividend is payable on October 3, 2016 to shareholders of record at the close of business on September 9, 2016.. “Our Board of Directors is pleased to pay a quarterly cash dividend to our shareholders,” stated James F. House, President and CEO of United Security Bancshares, Inc.“ We will continue to..."/>
United Security Bancshares, Inc. Declares Cash Dividend
U.S. Bancorp's financial performance and corporate strategies."/>
U.S. Bancorp to Host Investor Day
Stearns Lending Restructures Management [Mortgage Daily]
Paz Oil Company Ltd. to comply with the requirements of the Concentration Law. Paz today reported that it has received permission from Prime Minister Benjamin Netanyahu and Minister of Finance Moshe Kahlon to sell its stake. Bino required such permission because Paz also owns the Ashdod Oil Refinery, which is considered a national strategic asset."/>
BRIEF: Zadik Bino readies to sell Paz stake [Globes, Tel Aviv, Israel]
Travelers Companies, Inc., is scheduled to speak at the Barclays Global Financial Services Conference in New York City on Tuesday, Sept. 13, 2016, at 8:15 a.m. ET. A live audio webcast of the event will be available on the investor section of the Travelers website at investor.travelers.com. A replay will be available on the same site for 90 days."/>
Travelers CEO to Speak at the Barclays Global Financial Services Conference

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